Economic Data Calls for July 7, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 2, 2020) — Good Luck Trading!

1. AU PMI services (18:30 ET) Bullish AUD — Rise in manufacturing PMI and retail sales
2. RBA Rate Decision (00:30 ET) No Trade — No changes expected from RBA
3. German Industrial Production (02:00 ET) Bullish EUR — Sharp rise in German factory orders
4. CAD IVEY PMI (10:00 ET) Bullish CAD — Continued recovery expected as lockdown eases

Economic Data Calls for July 3, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 2, 2020) — Good Luck Trading!

1. AU Retail Sales (21:30 ET) Bullish AUD — Spending recovery expected as lockdown measurs ease
2. EZ PMI Revisions (03:55 ET) No Trade — Revisions are difficult to predict but changes are market moving
3. UK PMI Revisions (04:30 ET) No Trade — Revisions are difficult to predict but changes are market moving

Economic Data Calls for July 2, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 2, 2020) — Good Luck Trading!

1. AU Trade Balance (21:30 ET) Bullish AUD — Likely to be stronger given manufacturing PMI
2. CAD Trade Balance (08:30 ET) Bullish CAD — Sharp rise in IVEY PMI
3. US Non-Farm Payrolls (08:30 ET) No Trade — NFPs are notoriously difficult to predict but this month’s report in particular as size of recovery is uncertain

Economic Data Calls for 07.01.2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 1, 2020) — Good Luck Trading!

1. Japan Tankan (19:50 ET) No Trade — Tankan survey is difficult to predict but can be very market moving
2. German Unemployment Report (03:55 ET) Bearish EUR — Firms continued to reduce headcount in Germany in June
3. UK PMI Manufacturing Revisions (04:30 ET) No Trade — Revisions are difficult to predict but changes are market moving
4. US ADP Employment Change (08:15 ET) No Trade — NFP preview data can be market moving but hard to predict
5. US ISM Manufacturing (10:00 ET) No Trade — Improvement in Empire State and Philly Fed indices
6. FOMC Minutes (14:00 ET) No Trade — Minutes are best traded reactively

Economic Data Calls for June 30, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (June 30, 2020) — Good Luck Trading!

1. Chinese PMIs (21:00 ET) No Trade — Chinese data is difficult to predict but can be very market moving
2. UK GDP Revisions (02:00 ET) No Trade — Revisions are difficult to predict but changes are market moving
3. EZ CPI (05:00 ET) Bullish EUR — Should be higher given stronger German CPI and oil price rebound
4. CAD GDP (08:30 ET) Bearish CAD — Significant weakness in trade and retail sales
5. US Consumer Confidence (10:00 ET) No Trade — Hard to say if sentiment will improve with coronavirus cases rising

Economic Data Calls for June 29, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (June 29, 2020) — Good Luck Trading!

1. EZ Confidence Report (05:00 ET) Bullish EUR — Stronger IFO, ZEW and COVID-19 curve flattening should boost sentiment
2. German CPI (08:30 ET) Bullish EUR — Oil rebounds , smaller decrease in prices
3. US Pending Home Sales (10:00 ET) Bullish USD — Pending home sales should recover

Economic Data Calls for June 26, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (June 26, 2020) — Good Luck Trading!

1. US Personal Income and Spending (08:30 ET) No Trade — Sharp drop in average earnings offsets major uptick in retail sales
2. US University of Michigan Consumer Sentiment Index (10:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving